The Commission’s focus on retail investors seems to be resulting in a series of microcap manipulation cases where those involved acquire what are or become public shells that have no real business. Following the acquisition the promoter and/or his or …

SEC Files Another Microcap Fraud Action Read More »

The Commission’s focus on the retail investor is well illustrated by two cases involving microcap frauds first announced at the end of last week. One centered on a penny stock manipulator known as the “Mailman” and involved the efforts over …

SEC Files Two Microcap Fraud Actions Read More »